Welcome to our dedicated page for Enterprise Prods Partners L P news (Ticker: EPD), a resource for investors and traders seeking the latest updates and insights on Enterprise Prods Partners L P stock.
News for Enterprise Products Partners L.P. (NYSE: EPD) focuses on its role as a large North American midstream energy partnership serving natural gas, NGL, crude oil, refined products and petrochemical markets. Company press releases and SEC-linked announcements provide regular updates on operations, capital projects, financings and distributions.
Investors following EPD news will find detailed coverage of quarterly earnings, including net income, distributable cash flow, Adjusted EBITDA, segment gross operating margin and volume metrics across NGL, crude oil, natural gas and petrochemical pipelines, processing plants, fractionators and marine terminals. Earnings releases often highlight operating records in areas such as natural gas processing plant inlet volumes, natural gas pipeline volumes, NGL pipeline volumes and crude oil pipeline volumes.
Enterprise’s news flow also includes distribution declarations on its common units, along with information on its multi-year common unit buyback program and any changes to the authorized size of that program. These announcements may be accompanied by qualified notices for non-U.S. unitholders regarding U.S. federal income tax withholding on distributions.
Another important category of EPD news covers growth projects and acquisitions. Recent releases describe new natural gas processing facilities in the Permian Basin, the Neches River Terminal for ethane exports, the Bahia NGL pipeline and a joint interest transaction with ExxonMobil, and the acquisition of a natural gas gathering affiliate of Occidental in the Midland Basin. Updates on planned plants such as the Athena natural gas processing facility and expansions of gathering systems are also featured.
In addition, Enterprise reports on capital markets activities, such as public offerings of senior notes by its operating subsidiary, and its participation in investor conferences hosted by financial institutions. For readers tracking EPD, this news page aggregates these developments so they can review operational, financial and strategic updates from the partnership in one place.
Enterprise Products Partners L.P. (NYSE: EPD) will hold a special unitholders meeting on November 22, 2022, at 8:00 a.m. CT in Houston, Texas. Unitholders of record as of October 11, 2022 will vote on amendments to the 2008 Long-Term Incentive Plan and the EPD Unit Purchase Plan. Proxy statements will be mailed around October 24, 2022. As a significant midstream energy services provider, EPD's capabilities include extensive pipeline networks and storage facilities across North America.
Enterprise Products Partners L.P. (NYSE: EPD) will present and hold investor meetings at the Barclays CEO Energy–Power Conference on September 6-7, 2022 in New York City. The presentation is scheduled for 1:15 p.m. ET on September 6, with slides available on the company's website. Enterprise is a leading provider of midstream energy services in North America, managing over 50,000 miles of pipelines and more than 260 million barrels of storage capacity for various energy products.
Enterprise Products Partners L.P. (NYSE: EPD) has announced the availability of its 2021 Schedule K-3, detailing international tax relevance for unitholders. This information can be accessed online at www.taxpackagesupport.com/enterprise. While the Schedule K-3 is essential for some investors, especially foreign unitholders, Enterprise will not mail copies. Interested unitholders can request an electronic copy by contacting Tax Package Support. The partnership is a major provider of midstream energy services in North America.
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Enterprise Products Partners L.P. (NYSE: EPD) will host investor meetings at two key conferences in August 2022. The first is the Citi One-on-One Midstream / Energy Infrastructure Conference in Las Vegas, NV, on August 16-17, followed by the BofA Securities August Energy Summit in Houston, TX, on August 23. Investors can access the latest presentation deck on Enterprise's website starting August 16. Enterprise is a major player in midstream energy services, managing extensive pipelines and storage capabilities across North America.
Enterprise Products Partners L.P. (NYSE: EPD) announced three organic growth projects in the Permian Basin to enhance production capabilities. These include the addition of two natural gas processing plants and an expansion of the NGL pipeline system. In the Delaware Basin, a third plant at the Mentone processing facility will boost capacity by 300 MMcf/d. The Midland Basin will see a seventh processing plant with similar capacity. The Shin Oak NGL pipeline will also expand by 275,000 BPD. All projects are set for completion by Q1 2024, supporting U.S. energy demand.
Enterprise Products Partners L.P. (EPD) reported record financial results for Q2 2022, with net income of $1.4 billion, or $0.64 per unit, up from $1.1 billion, or $0.50 per unit, in Q2 2021. Distributable Cash Flow (DCF) surged 30% to $2.0 billion, allowing a 5.6% increase in distributions per unit to $0.475. The gross operating margin reached $2.4 billion, driven by strong performance in natural gas processing and octane enhancement. Enterprise retained $974 million in DCF and reported a payout ratio of 56% for the year. The company maintains a robust balance sheet with $4.1 billion in liquidity.
Enterprise Products Partners L.P. (NYSE: EPD) announced a quarterly cash distribution of
Enterprise Products Partners L.P. (NYSE: EPD) has filed applications for tax abatements related to six proposed projects, including an ethane to ethylene cracker. However, no projects are finalized or approved. The company has been working on the ethylene facility for years but has not yet sanctioned its construction. Enterprise is a major player in midstream energy services, managing over 50,000 miles of pipelines and significant storage capacities for various energy products. The press release emphasizes the forward-looking nature of these statements and potential regulatory risks.
Enterprise Products Partners L.P. (NYSE: EPD) has announced its participation in two key investor conferences in June 2022. The company will present at the B of A Energy Credit Conference on June 9 and the J.P. Morgan Energy, Power & Renewables Conference on June 23, where they will also hold one-on-one investor meetings. The updated investor deck will be available on their website on June 9, with presentation slides for the J.P. Morgan Conference posted on June 23. Enterprise is a leading provider of midstream energy services in North America.
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